Interstate Equities Corp (IEC) has appointed a new director of ESG, Bakari Adams.
Adams, the current director of asset management and an investment committee member, will be focused on amplifying IEC’s current ESG program through eco-friendly measures throughout the portfolio and creating strong corporate social responsibility and diversity initiatives.
IEC invests in value-add multifamily properties across California. The firm strategically acquires dated multifamily apartment communities and transforms them into affordable, updated, boutique-style assets.
“Our focus on acquiring, improving, and keeping rents affordable for residents in the communities we serve while still creating value for investors is something in which we take strong pride,” said Adams. “This commitment to social impact for our residents has been one of our driving goals since IEC was started in 1981.”
In Adams’ new role, he will be responsible for continuing to champion
